Intraday Live short term trading calls from an Expert Retail Forex Trader

[MajorMagnuM]

closed rest of ea long

 

[MajorMagnuM]

sold it

 

[tar]

Hi Guys

Just for Walt on demo ( lol0 - another multi nic character - 83 to 86 on the swissy is like a median area or line in the sand

Under both price - more likely a further fall

Above both price more likely scalp buys

this as already been seen in action -ie price high so far 8804/5 - approx 10 pips higher for the scalp buy and then 81 low - so 2-4 pips on any scalp sell

Swissy still favours higher atm

I wish other traders would try and understand my method - before they comment

Obviously - being not a simple method and quite complex - thats the problem for IDIOTS ( lol)

Have a great day Walt on demo - I will - and meanwhile you will be hopefully spotted along with your other buddy - Lambo man on demo - ROFLMAO

Back to trading

If 83-86 is the median area / line in the sand then it would make more sense if you say under 83 scalp sell and above 86 scalp buy , not "above 83 scalp buy and under 86 scalp sell" ...

 

[Forexmospherian]

Approx 13 mins ago

Did not stay above 47 or 45 and then if you had not noticed under 42 became a scalp sell but need under 30 to get out of the BTTZ

Price presently at 32.

In a time window - but as we know now need over 42 and 45 to scalp buy - so whilst under these prices - might test 30 - and then if under 28 and 25 more scalp sells or hold any you are in

From approx 100 mins ago

GU - under 30 with scalp sells under 28 and 25

Price now at 6621 and under 27 still trying lower

With news 15 mins away be careful now

 

[MajorMagnuM]

ea yet to fall. may have been too hasty on the button

 

[Forexmospherian]

GU for news

We would need to stay under say 55 and 30 for the bearish session mode to remain in force

Under 6600 is 6585

If the news is good and this as just been a false move down for players to re buy - look at staying above 6600 and then back over 32 for a turn up being tried

 

[Forexmospherian]

To me - all pairs are just teasing atm

Therefore before committing to longer trades - wait for more clues etc

 

[Yorkshire Terrier]

ea yet to fall. may have been too hasty on the button

I can see your thinking on that M, possible bounce from the 40 level.

 

[Forexmospherian]

Price changes - need normally 3-5 pip moves to change a wave trend

One price in isolation is not always good enough - so ideally I quote 2 for extra confirmation and then if we dont breach the 2 - move might not always happen - but if the difference is over 3 or 5 pips - you can still make a scalp and gain 1- 4 pips off the first price

Hope that explains why I prefer to quote 2 prices close to each other

 

[Forexmospherian]

If that was on EA - I still have bearish under trendline from high - ie below 5347

Need then back under 20 and 14 for more scalp sells

EA - classic BTTZ from say 39 to 66

Below 66 bearish

Above 39 bullish

This is in intraday talk - not swing talk

I expect to sell under 65 and 47- but need under 39 to fall lower

Whilst Above 39 - still might try up to 66

Thats why is in no mans land - just ready to catch you out and have your money

Be careful on it - also GU news in 4 mins

 

[Forexmospherian]

I see "Walt on demo" is still lurking - what a laugh

 

[MajorMagnuM]

EA - classic BTTZ from say 39 to 66

Below 66 bearish

Above 39 bullish

This is in intraday talk - not swing talk

I expect to sell under 65 and 47- but need under 39 to fall lower

Whilst Above 39 - still might try up to 66

Thats why is in no mans land - just ready to catch you out and have your money

Be careful on it - also GU news in 4 mins

my short killed me there

 

[Forexmospherian]

OK - lets stick with GU next for news

Low now 6615 - under 32 still bearish on scalps

Above 6600 and 6585 bullish

We need to go under those 2 last prices for more scalp sells

And back over 32 and 55+ for scalp buys

 

[Forexmospherian]

my short killed me there

i think you need to study and watch for BTTZ zones more

next part of developing your strategy

EA under 47 and 39 scalp sells - but as you know over 50 - it might try as high as 60 -66

 

[Forexmospherian]

GU - not much effect - but some players buying from 15 and 20

 

[Forexmospherian]

GU - we have LHs at 53 and 45 - will this push up be another LH ??

 

[MajorMagnuM]

i think you need to study and watch for BTTZ zones more

next part of developing your strategy

EA under 47 and 39 scalp sells - but as you know over 50 - it might try as high as 60 -66

i sold at end of tw. price had not breached hi and the context was bearish under 47!

 

[Yorkshire Terrier]

B gu@27

 

[Forexmospherian]

GU - interim supports now at 6620 to 26 area

So above still fancies back up and higher

Below 26 and 20 - back to looking at scalp sells confirmed under low of 15

 

[Yorkshire Terrier]

B gu@27

70 out 35 +8 sl @ even